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As of close of business last night, Sitio Royalties Corp’s stock clocked out at $21.71, down -1.00% from its previous closing price of $21.93. In other words, the price has decreased by -$1.00 from its previous closing price. On the day, 0.81 million shares were traded. STR stock price reached its highest trading level at $21.78 during the session, while it also had its lowest trading level at $21.265.
Ratios:
To gain a deeper understanding of STR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.30 and its Current Ratio is at 5.30. In the meantime, Its Debt-to-Equity ratio is 0.69 whereas as Long-Term Debt/Eq ratio is at 0.69.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Barclays on April 10, 2024, initiated with a Underweight rating and assigned the stock a target price of $26.
On January 30, 2024, Truist started tracking the stock assigning a Buy rating and target price of $29.
On December 16, 2022, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $36.KeyBanc Capital Markets initiated its Overweight rating on December 16, 2022, with a $36 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, STR now has a Market Capitalization of 3348897536 and an Enterprise Value of 4703753216. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.64 while its Price-to-Book (P/B) ratio in mrq is 1.15. Its current Enterprise Value per Revenue stands at 7.514 whereas that against EBITDA is 9.246.
Stock Price History:
Over the past 52 weeks, STR has reached a high of $26.80, while it has fallen to a 52-week low of $19.95. The 50-Day Moving Average of the stock is -7.47%, while the 200-Day Moving Average is calculated to be -6.13%.
Shares Statistics:
It appears that STR traded 634.83K shares on average per day over the past three months and 754480 shares per day over the past ten days. A total of 154.26M shares are outstanding, with a floating share count of 76.98M. Insiders hold about 0.79% of the company’s shares, while institutions hold 139.65% stake in the company. Shares short for STR as of 1722384000 were 3723456 with a Short Ratio of 5.87, compared to 1719532800 on 5505715. Therefore, it implies a Short% of Shares Outstanding of 3723456 and a Short% of Float of 5.4899998.
Dividends & Splits
With its trailing 12-month dividend rate of 1.71, STR has a forward annual dividend rate of 1.81. Against a Trailing Annual Dividend Yield of 0.07797538
